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Danny Strong And Caitlin Mehner Purchase Andy Cohen's West Village Condo For $10.5M
SOLD
$10,500,000
New York
See Similar DealsCondo3,500 SF
Sold 07/15/2025
SOLD
Danny Strong And Caitlin Mehner Purchase Andy Cohen's West Village Condo For $10.5M
2 Horatio Street
See Similar DealsCondo3,500 SF
Sold 07/15/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$3,000
Total Square Footage:3,500 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 2 Horatio Street in the West Village market. The condo was sold for a price of $10,500,000, encompassing 3,500 square feet, which results in a price per square foot of $3,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $10,500,000
- Address: 2 Horatio Street
- Market: West Village
- Square Footage: 3,500
- Price per Square Foot: $3,000
- Buyer: Danny Strong & Caitlin Mehner
- Seller: Andy Cohen
Danny Strong and Caitlin Mehner acquired the condo from Andy Cohen. They purchased the co-op after it was listed for $14 million the previous year, highlighting their successful negotiation in the transaction.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$559,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,304.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,775.36
Annual Debt Service$597,304.28
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